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Safe Pro Group Inc.

For the period ended Mar 31, 2025. Filed May 15, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed May 15, 2025

SPAI$3.28+6.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three Months Ended
March 31,
20252024
REVENUES:
Product sales$140,600$222,356
Services44,20285,297
Total Revenues184,802307,653
COST OF REVENUES:
Product sales104,187148,212
Services19,04932,226
Total Cost of Revenues123,236180,438
GROSS PROFIT61,566127,215
OPERATING EXPENSES:
Salary, wages and payroll taxes2,024,543434,578
Research and development-85,777
Professional fees1,602,148460,773
Selling, general and administrative expenses355,863185,372
Depreciation and amortization84,70245,601
Total Operating Expenses4,067,2561,212,101
LOSS FROM OPERATIONS(4,005,690)(1,084,886)
OTHER INCOME (EXPENSES):
Other income29,615-
Interest income12,703-
Interest expense(1,645)(58,974)
Total Other Income (Expenses), net40,673(58,974)
NET LOSS$(3,965,017)$(1,143,860)
NET LOSS PER COMMON SHARE:
Basic and diluted$(0.27)$(0.13)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic and diluted14,747,1858,779,825

See accompanying notes to the unaudited condensed consolidated financial statements

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.